The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Clear Water Commodities Pvt Ltd
RHETAN · price
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Clear Water Commodities Private Limited, a non-promoter entity, has sold 15,92,243 equity shares (0.20% of voting capital) of Rhetan TMT Limited through open market transactions on 18/03/2026 and 19/03/2026. Before the disposal, Clear Water held 2,31,54,352 shares (2.91%) and after the sale, its holding stands at 2,15,62,109 shares (2.71%) of Rhetan TMT. The total value of shares sold is approximately Rs. 79,68,75,000 (divided into Rs. 1 face value equity shares). Since Clear Water is not part of the promoter group and the transaction is a sale (not acquisition), this is a routine SAST disclosure triggered by the change in shareholding crossing/approaching the 2% reporting threshold.
This is a non-promoter trimming a small stake via open market sale; it is not a promoter exit and is unlikely to materially impact the stock price. Retail investors should note the steady, incremental reduction by a non-promoter holder but face no direct dilution risk.